Arbeitspapier

What is the impact of an intensification of labour on the rate and form of exploitation?

Does the intensification of labour increase the rate of exploitation? Does it produce absolute surplus value or relative surplus value? This paper develops a framework to answer these questions by incorporating intensity of labour in the widely-used linear model of production, both in its one and two department forms. We show, first, that an intensification of labour always leads to an increase in the rate of exploitation, and second, that the increase in the rate of exploitation takes the form of the production of absolute surplus value in all realistic situations. We also highlight, in the case of any model with more than one industry or sector, an interesting difference in short run and long run changes in the rate and form of surplus value.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 2021-01

Classification
Wirtschaft
Current Heterodox Approaches: Socialist; Marxian; Sraffian
Subject
rate of exploitation
absolute surplus value
relative sur-plus value
linear model of production

Event
Geistige Schöpfung
(who)
Basu, Deepankar
Haas, Cameron
Moraitis, Athanasios
Event
Veröffentlichung
(who)
University of Massachusetts, Department of Economics
(where)
Amherst, MA
(when)
2021

DOI
doi:10.7275/21613819
Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Basu, Deepankar
  • Haas, Cameron
  • Moraitis, Athanasios
  • University of Massachusetts, Department of Economics

Time of origin

  • 2021

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